Nigerians pay more for transportation in March
Nigerians paid high transportation fares across different parts of the country in March, the National Bureau of Statistics (NBS) has said.
The NBS said in its Transport Fare Watch report for March that the average fare paid by air passengers for specified routes single journey increased to N46,810.62 from N44,825.04 in February. The difference showed a 4.43 per cent increase.
On a year-on-year basis, the fare rose by 28.26 per cent (N36,495.41) in March 2021.
The average fare paid by commuters for bus journey intercity per drop rose to N3,270.94 indicating an increase of 5.29 per cent on a month-on-month compared to the value of N3,106.72 in February.
The fare, however, rose by 35.65 per cent (N2,411.29) year-on-year, in March 2021.
Similarly, the average fare paid by commuters for bus journeys within the city per drop, increased by 4.41 per cent on a month-on-month from N513.72 in February 2022 to N536.35 in March 2022.
In terms of year-on-year, however, the average fare paid by commuters for bus journey within the city per drop rose by 42.17 per cent from N377.27 in March 2021 to N536.35 in March 2022.
In another category, the average fare paid by commuters for journey by motorcycle per drop increased by 4.22 per cent month-on-month from N379.12 in February 2022 to N395.12 in March 2022.
Also, in terms of year-on-year, the fare rose by 45.57 per cent from N271.44 in March 2021 to N395.12 in March 2022.
The average fare paid for water transport (water way passenger transportation) in March 2022 dropped to N890.03 showing a decrease of 2.53 per cent on month- on-month from N 913.13 in February 2022.
On year-on-year, the fare rose by 10.10 per cent from N808.38 in March 2021 to N890.03 in March 2022.
Nigerians paid high transportation fares across different parts of the country in March, the National Bureau of Statistics (NBS) has said.
The NBS said in its Transport Fare Watch report for March that the average fare paid by air passengers for specified routes single journey increased to N46,810.62 from N44,825.04 in February. The difference showed a 4.43 per cent increase.
On a year-on-year basis, the fare rose by 28.26 per cent (N36,495.41) in March 2021.
The average fare paid by commuters for bus journey intercity per drop rose to N3,270.94 indicating an increase of 5.29 per cent on a month-on-month compared to the value of N3,106.72 in February.
The fare, however, rose by 35.65 per cent (N2,411.29) year-on-year, in March 2021.
Similarly, the average fare paid by commuters for bus journeys within the city per drop, increased by 4.41 per cent on a month-on-month from N513.72 in February 2022 to N536.35 in March 2022.
In terms of year-on-year, however, the average fare paid by commuters for bus journey within the city per drop rose by 42.17 per cent from N377.27 in March 2021 to N536.35 in March 2022.
In another category, the average fare paid by commuters for journey by motorcycle per drop increased by 4.22 per cent month-on-month from N379.12 in February 2022 to N395.12 in March 2022.
Also, in terms of year-on-year, the fare rose by 45.57 per cent from N271.44 in March 2021 to N395.12 in March 2022.
The average fare paid for water transport (water way passenger transportation) in March 2022 dropped to N890.03 showing a decrease of 2.53 per cent on month- on-month from N 913.13 in February 2022.
On year-on-year, the fare rose by 10.10 per cent from N808.38 in March 2021 to N890.03 in March 2022.
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